⌘K

Frax FPI (FPIS)

Total Value Locked$797,956

Chain Breakdown
Ethereum	$797.96k

USD ETH

Information

Protocol Information

The Frax Price Index (FPI) is the second stablecoin of the Frax Finance ecosystem. FPI is the first stablecoin pegged to a basket of real-world consumer items as defined by the US CPI-U average. The FPI stablecoin is intended to keep its price constant to the price of all items within the CPI basket and thus hold its purchasing power with on-chain stability mechanisms.f locking the asset.

Category: Algo-Stables

Website Twitter

Token Information

Address:0xc2544a...901fdb

View on CoinGecko View on Etherscan

Methodology

Check the code

Competitors

Mento ($98.14m)SPOT Cash ($9.79m)Frax ($5.41m)DefiDollar DAO ($2.39m)Basis Cash ($272.69k)Sigmausd ($2.28m)Algomint ($1.52m)Ostable ($492.82k)Pulse Rate ($154.67k)Dopple Finance ($152.35k)